The price of gold hit a milestone record of $3,000 per ounce on March 14. Here's everything to know right now.

Gold prices passed $3,000 an ounce for the first time ever, driven higher by a central bank buying spree, economic fragility worldwide, and President Donald Trump’s attempts to rewrite the rules of global trade by imposing tariffs on allies and strategic rivals.

Gold futures hit a record high early Friday, exceeding $3,000 an ounce for the first time. Prices of the precious metal are up 14% since the start of the year and 39% over the past 12 months. That’s a